MEXICO CITY — Mexico President Claudia Sheinbaum said Tuesday that Mexico will respond to 25% tariffs imposed by the United States with its own retaliatory tariffs on U.S. goods.

Sheinbaum said she will announce the products Mexico will target on Sunday in a public event in Mexico City’s central plaza, perhaps indicating Mexico still hopes to de-escalate the trade war set off by U.S. President Donald Trump.

“There is no motive or reason, nor justification that supports this decision that will affect our people and our nations,” she said.

The tariffs that had been threatened by President Donald Trump’sagainst Canada and Mexico went into effect Tuesday ratcheting up the risk of retaliations from the United States’ North American allies.

Starting just past midnight, imports from Canada and Mexico are now to be taxed at 25%, with Canadian energy products subject to 10% import duties.

[AP]

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